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Bloomberg Businessweek Weekend - August 30th, 2024
Bloomberg Businessweek
The Complexities of Legalized Sports Betting
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This chapter explores the financial impact of legalized sports betting, revealing a correlation between increased betting access and rising credit issues. It features varying perspectives from NFL players on the benefits and integrity concerns of betting, particularly in relation to prop bets and their effect on fan engagement. Additionally, the chapter addresses monitoring challenges, especially within college sports, and examines the market dynamics shaped by major platforms like DraftKings and FanDuel.
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